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Read more informationMexico - Electric Industry Law
On 29 January 2021, the President of Mexico sent a Bill to the Chamber of Representatives on preferential processing ('Bill') to change the Law on Electrical Industry ('LIE') with its acronym in Spanish.
The Bill seeks to amend the LIE to cancel the energy policy introduced by the end of 2013.
Amendments to the LIE:
The following is a description of the proposed changes to the LIE:
Legal ramifications
The Bill poses significant threats of unconstitutionality in the fields of free competition, unequal treatment, legality, legal certainty, retroactivity, sustainability and environmental security and reverence for fundamental rights, among others.
In addition, the right of the Mexican State to change its legal structure is constrained by the commitments assumed in many treaties concluded and ratified by our government. In this way, the adoption and execution of the Bill could explicitly breach international agreements and treaties, including the United States-Mexico-Canada Agreement (USMCA), the Free Trade Agreement between Mexico and the European Union (FTAEU) and the Comprehensive and Progressive Agreements (CPTPP).